“With more than 3,000 tech start-ups, India is the fourth-largest base for young businesses in the world, and it is expected that, by 2020, this base will increase to 11,500 tech start-ups,” says Vikram Arumilli, one of the co-chairs of WIEF 2016 and a second year MBA student from the school.”The growth of Indian start-ups is having a drastic impact on American companies as well. The Wharton India Start-up Competition is giving its applicants the best of both worlds. Among all leading American business schools, Wharton has the strongest ties and a formidable presence in India,” he says.Greensoles: A year old, it collects discarded sports shoes, through the corporate arms of top Industries like Tatas and through some collection centres in Mumbai, and refurbish them. “With the help of corporate funding, we refurbish them into comfortable footwear and distribute it through NGO Goonj,” says Ramesh Dhami, one of the founders and a national-level athlete. Shriyans Bhandari, a student at Babson College, is the co-founder. Greensoles has provided over 3,000 shoes till now.Ketto: It’s Asia’s largest crowd-funding platform for personal and social cause. Set up by Varun Sheth, actor Kunal Kapoor and Zaheer Adenwala, it claims to have helped people, raising Rs10 crore through online campaigns and network of supporting companies.Art & Found: Set up by Aditya Mehta (30), it is in a pre-launch stage and aims to offer a marketplace for artists where they can sell their art for free. Using their own personalised dashboard, they manage their art, track orders, sales, connect with customers and follow artists. Masscom graduate Aditya says the portal would be launched by January end.
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